Transamerica Funds

02/04/2026 | Press release | Distributed by Public on 02/04/2026 08:12

Summary Prospectus by Investment Company (Form 497K)

TRANSAMERICA FUNDS

Supplement to the Currently Effective Class R, Class R4 and Class I3 Prospectus, Summary Prospectuses (as applicable)

and Transamerica Funds Statements of Additional Information

* * *

Effective February 5, 2026, Christopher A. Staples, CFA will be removed from the "Officers" table contained in the "Board Members and Officers" sub-section of each Transamerica Funds Statement of Additional Information under the heading "Management of the Trust."

* * *

Transamerica Asset Allocation Intermediate Horizon

Transamerica Asset Allocation Long Horizon

Transamerica Asset Allocation Short Horizon

Effective February 5, 2026, the following will replace the corresponding information in the Class R, Class R4 and Class I3 Prospectus and Summary Prospectuses for Transamerica Asset Allocation Intermediate Horizon, Transamerica Asset Allocation Long Horizon and Transamerica Asset Allocation Short Horizon under the section entitled "Management":

 Management:

 Investment Manager: Transamerica Asset Management, Inc.

Portfolio Managers:

 Kane Cotton, CFA

Portfolio Manager

since January 20161

 E. Kele Evans, CFA

Portfolio Manager

since February 2026

 Rufat Garalov, CFA

Portfolio Manager

since June 2021

1 Associate Portfolio Manager of the predecessor fund since October 2014

Effective February 5, 2026, the following will replace the corresponding information in the Class R, Class R4 and Class I3 Prospectus under the section entitled "Shareholder Information - Portfolio Manager(s)":

Transamerica Asset Allocation Intermediate Horizon

Name

Adviser

Positions Over Past Five Years

Kane Cotton, CFA 

Transamerica Asset Management, Inc.

Portfolio Manager of the fund since 2016; Portfolio Manager of the predecessor fund since 2014; Employed by Transamerica Asset Management, Inc. since 2014

E. Kele Evans, CFA 

Transamerica Asset Management, Inc.

Portfolio Manager of the fund since 2026; Employed by Transamerica Asset Management, Inc. since 2019

Rufat Garalov, CFA

Transamerica Asset Management, Inc.

Portfolio Manager of the fund since 2021; Employed by Transamerica Asset Management, Inc. since 2014

Transamerica Asset Allocation Long Horizon

Name

Adviser

Positions Over Past Five Years

Kane Cotton, CFA 

Transamerica Asset Management, Inc.

Portfolio Manager of the fund since 2016; Portfolio Manager of the predecessor fund since 2014; Employed by Transamerica Asset Management, Inc. since 2014

E. Kele Evans, CFA 

Transamerica Asset Management, Inc.

Portfolio Manager of the fund since 2026; Employed by Transamerica Asset Management, Inc. since 2019

Rufat Garalov, CFA 

Transamerica Asset Management, Inc.

Portfolio Manager of the fund since 2021; Employed by Transamerica Asset Management, Inc. since 2014

Transamerica Asset Allocation Short Horizon

Name

Adviser

Positions Over Past Five Years

Kane Cotton, CFA 

Transamerica Asset Management, Inc.

Portfolio Manager of the fund since 2016; Portfolio Manager of the predecessor fund since 2014; Employed by Transamerica Asset Management, Inc. since 2014

E. Kele Evans, CFA 

Transamerica Asset Management, Inc.

Portfolio Manager of the fund since 2026; Employed by Transamerica Asset Management, Inc. since 2019

Rufat Garalov, CFA 

Transamerica Asset Management, Inc.

Portfolio Manager of the fund since 2021; Employed by Transamerica Asset Management, Inc. since 2014

* * *

Effective February 5, 2026, the following will replace the corresponding information in the Class R, Class R4 and Class I3 Statement of Additional Information under the section in Appendix B entitled "Portfolio Managers - Transamerica Asset Management, Inc. ("TAM")":

Transamerica Asset Allocation Funds

Portfolio Manager

Registered Investment

Companies

Other Pooled Investment
Vehicles
Other Accounts
Number Assets

Managed

Number

Assets

Managed

Number

Assets

Managed

Kane Cotton, CFA

4       $195 million   5       $192 million   0       $0      

E. Kele Evans, CFA*

4 $195 million 5 $192 million 0 $0

Rufat Garalov, CFA

4 $195 million 5 $192 million 0 $0
Fee Based Accounts
(The number of accounts and the total assets in the accounts managed by each portfolio manager with
respect to which the advisory fee is based on the performance of the account.)

Kane Cotton, CFA

0 $0 0 $0 0 $0

E. Kele Evans, CFA*

0 $0 0 $0 0 $0

Rufat Garalov, CFA

0 $0 0 $0 0 $0

* As of February 5, 2026

* * *

Investors Should Retain this Supplement for Future Reference

February 4, 2026

Transamerica Funds published this content on February 04, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on February 04, 2026 at 14:12 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]